Linear regression long-term trend is bearish

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
342 2 5
The Bitcoin             price has fallen out of the quarter year linear regression trend channel and is nearing the red zone of the half year linear regression trend channel.
Perhaps we can expect support off the top of the red channel.
ChartArt rubenthin
Seems like you were exactly right. We did in fact bounce "off the top of the red channel".
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